Eskom: Request for government (taxpayers) to take over R100 billion debt

Die Vryburger

0
Eskom: Request for government (taxpayers) to take over R100 billion debt
Eskom: Request for government (taxpayers) to take over R100 billion debt

According to Jabu Mabuza, Eskom does not have a medium or long term plan to deal with power provision and debt. There is now a request for government (taxpayers) to take over R100 billion of the total R419 billion debt.

Pravin Gordhan says that debt repayment restructuring in 2019 will addresses this.

Mabuza states that mechanical installations are always subject to wear and tear but maintenance is not done at power stations and Gordhan promised that there were “plans” to prevent a “black” Christmas.

Gordhan also put an end to the leave of Eskom senior managers as they should be available to optimize the country’s power supply.

Read the original article in Afrikaans on Die Vryburger

South Africa Today – South Africa News

Related Post

Chatsworth pastor and congregants robbed and locke... Two men armed with a knife and firearm robbed a Chatsworth pastor and congregants and then locked them in a room during a church meeting on 17 Februar...
DIRCO stands ready for elections abroad With the General Elections fast approaching, International Relations and Cooperation Minister, Lindiwe Sisulu, has called on Heads of Mission to rally...
Hijacking in progress stopped by brave hero taking... A hijacking in progress was put to a halt when a brave hero intervened. Suspects in a black vehicle pulled up to a silver bakkie at Springs Mall and p...
Barbaric farm murder of Willemien Potgieter and fa... This coming Saturday 23 February 2019, would have been the 11th Birthday of Willemien Potgieter. On 1 December 2010, six black males brutally and viol...
Disclaimer: The views of authors published on South Africa Today are their own and do not necessarily represent the views of South Africa Today. By viewing, visiting, using, or interacting with SouthAfricaToday.net, you are agreeing to all the provisions of the Terms of Use Policy and the Privacy Policy.